44.5k views
1 vote
Which of the following best explains what a forward contract is

User FLab
by
7.4k points

2 Answers

5 votes
Where are the options?
User Combomatrix
by
8.7k points
6 votes

Answer: A contract to deliver a particular commodity to a buyer sometime in the future.

Explanation: A forward contact obligates the parties to engage in a transaction at some later time, usually when the commodity is available for purchase

User Rashmit Rathod
by
8.7k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.